Commodities

Oil is now flowing out of the Persian Gulf like before the Iran war. Why prices may still not come down anytime soon.

By Telemac

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Crude oil exports from the Persian Gulf nearly returned to their pre-war levels in October. Regional flows came back to within 10% of the volumes recorded in January and February, according to TankerTrackers.com. The recovery includes Iran, Iraq, Kuwait, Qatar, Saudi Arabia, the United Arab Emirates and Oman. Traders nevertheless remain wary because the rebound is fragile and hostilities could escalate again in the region.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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